Kuwait Financial Centre “Markaz” announced winning the “Best Investment Bank in Kuwait for 2017” award for the sixth time by Global Finance magazine, a specialized financed and investment magazine. The award was presented to Markaz at Global Finance's 19th Annual Best Bank Awards Ceremony 2017 during the IMF/World Bank Annual Meetings in Washington, DC.
Photo Caption: Mr. Ali H. Khalil, COO of Markaz receiving the ‘Best Investment Bank in Kuwait 2017’ Award at Global Finance Ceremony.
Global Finance editors, after extensive consultations with corporate financial executives, bankers and banking consultants and analysts throughout the world, used a series of criteria to select the winners ranging from the quantitative objective to the informed subjective, in addition to a poll of Global Finance’s corporate readership.
In light of this achievement, Mr. Ali Hassan Khalil, Chief Operating Officer at Markaz, stated: “We’re honored to be named as the ‘Best Investment Bank in Kuwait 2017’ by Global Finance Magazine. We would like to express our gratitude to this respectable magazine for their trust in the quality of our investment banking services in the areas of advisory services related to mergers and acquisitions, capital restructuring and disposition, in addition to equity and debt financing.”
Mr. Khalil added: “These awards affirm our relentless efforts, continuous hard work and in-depth understanding of our clients’ needs and investment requirements. Markaz team is committed to meeting these needs through specialized expertise and flexibility in adapting to market variables in order to maximize the value of their investments. This award is the result of Markaz completing several successful transactions over the past year across a wide number of investment banking activities.”
Mr. Khalil said: “Since 1997, Markaz has successfully executed over USD3.72 billion (as of 30 September 2017) of debt and equity mandates in the region across a wide number of activities, including M&A transactions, restructurings, and general advisory transactions. Our achievements record over more than 40 years enforces our clients’ trust in our investment banking services, and encourages our dedicated investment banking team to continue providing innovative solutions while following prudent investment policies. It also proves our commitment towards backing up our investment decisions with well-rounded research through a qualified and professional team with investment banking expertise.”
Markaz’s performance continues to attract recognition from experts in the region’s financial industry. Markaz was recognized twice in 2016 as “Best Investment Bank in Kuwait” by Global Finance and EMEA Finance and was awarded “Most Innovative Bank in the Middle East” by Global Finance. Markaz was also named “Best Asset Manager in 2016” by EMEA Finance and “Best Asset Manager in 2015” by Global Finance. Markaz received these awards for its professional skills in executing many successful transactions for its clients in the fields of credit markets, equities, merge and acquisitions along with offering financial consultancy services.
About Kuwait Financial Centre “Markaz”
Kuwait Financial Centre K.P.S.C “Markaz”, established in 1974, is one of the leading asset management and investment banking institutions in the Arabian Gulf Region with total assets under management (AUM) of over KD960 million as of 30 June 2017 (US3.17 billion). Markaz shares are listed on Boursa Kuwait since 1997.
For further information, please contact:Alrazi Y. Albudaiwi
Media & Communications Department
Kuwait Financial Centre K.P.S.C. "Markaz"
Tel: +965 2224 8000 ext 1800
Fax: +965 2246 7264
Email: [email protected]